Global Electronic Packaging Market - By Technology (EAS, RFID), by functions (Audio timer, health, Other consumer packaged goods, scroll page turn, status, wink, decal), By geography, trends, forecast - (2017 - 2022)
Market Insights The Global Electronic Packagin market is valued at USD 614.46 million in 2016 and is expected to reach a value of USD 1692.79 million by the end of 2022, growing at a projected CAGR of 18.4% during the forecast period of 2017 – 2022. Market Dynamics With the ever-growing demand for portable devices, there is a rising need for electronic packaging to cater to the need of decreasing device size, cost-effectiveness, and efficient packaging. The major driving force in the electronic packaging market is the growing demand of consumers for the safety of goods, with the ability to detect tampering, due to the prevailing conditions of crime and terrorism. High manufacturing cost and the lack of knowledge of electrical packaging could be potential barriers to be overcome in the future. The huge investments in R&D have resulted in the rise of a number of new innovations and techniques in the industry. Market Segmentation The global electronic packaging market has been segmented by technology (EAS, RFID); by functions (audio/timer, health, other consumer packaged goods (CPG), scroll/page turn, status, and wink/decal) and by geography. Asia-Pacific and Europe have the highest market share. By function, wink/decal are much sought after features in the global electronic packaging market. Key Market Players The report also considers key trends that will impact the industry and profiles of leading companies with majority market share in the global electronic packaging market. Some of the top companies mentioned in the report are: BASF Enfucell MeadWestvaco Soligie T-Ink Blue Spark Technologies Front Edge Technology Market Offerings Market definition for global electronic packaging along with identification of key drivers and restraints for the market. Market analysis for the global electronic packaging market, with region specific assessments and competition analysis on a global and regional scale. Identification of factors instrumental in changing the market scenario, rising prospective opportunities and identification of key companies which can influence the market on a global and regional scale. Extensively researched competitive landscape section with profiles of major companies along with their strategic initiatives and market shares. Identification and analysis of the macro and micro factors that affect the global electronic packaging market on both global and regional scales. A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.